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EIN 41-1672077

Inver Grove Heights BEST Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Inver Grove Heights
State
Minnesota
Year formed
1992
Most recent tax filings
2023-06-01
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
Description
The Inver Grove Heights BEST Foundation raises and awards funds for post-secondary scholarships to Simley High School graduates. The foundation supports the Inver Grove Heights Community Schools and has provided assistance to 137 individuals in the current fiscal year. Students may defer payments if requested by a specific date and approved.
Total revenues
$166,035
2023
Total expenses
$172,372
2023
Total assets
$1,870,855
2023
Num. employees
0
2023

Program areas at Inver Grove Heights BEST Foundation

Provide post-secondary education scholarships to Inver Grove Heights School District students. The organization has provided asssitance to 102 individuals in the current fiscal year. Students may defer payments if requested by a specific date and approved by the board of directors. This total includes scholarships awarded in prior years.

Who funds Inver Grove Heights BEST Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Charities Aid Foundation of AmericaCharitable Donation$12,000

Personnel at Inver Grove Heights BEST Foundation

NameTitleCompensation
Cindy NordstromTreasurer$0
Jeanne ZimmerSecretary$0
Polly TabbertPast President / Past President / Vice President / Director$0
Sally McHenrySecretary$0
Dave LeickPast President$0
...and 6 more key personnel

Financials for Inver Grove Heights BEST Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$126,657
Program services$0
Investment income and dividends$41,002
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-3,624
Net income from gaming activities$2,000
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$166,035

Form 990s for Inver Grove Heights BEST Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-13990View PDF
2022-062023-05-15990View PDF
2021-062022-07-11990View PDF
2020-062021-05-26990View PDF
2019-062020-08-20990View PDF
...and 9 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $12,000 from Charities Aid Foundation of America
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 3, 2023
Updated personnel
Identified 4 new personnel
June 12, 2023
Received grants
Identified 1 new grant, including a grant for $6,000 from Charities Aid Foundation of America
February 3, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelEndowed supportProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 2276
Inver Grove Heights, MN 55076
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Dakota County, MN
Website URL
ighbestfoundation.com/ 
Phone
(651) 552-8586
IRS details
EIN
41-1672077
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1992
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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